London & Capital selects hosted finance system from m-hance

London & Capital, a leading independent wealth management company situated in central London and Hong Kong, has gone live with a finance system from m-hance.

London & Capital, a leading independent wealth management company situated in central London and Hong Kong, has gone live with a finance system from m-hance. This system is being delivered as a fully hosted and managed service solution and will improve management reporting, reduce operating costs and support London & Capital’s ambitious growth plans.

London & Capital sought a flexible solution with advanced reporting tools to analyse offshore and onshore investment data to improve financial transparency and control. It also needed to be able to quickly upload and extract information from multiple sources to better monitor, forecast and identify future trends to aid decision making.

James Smart, Finance Director at London & Capital, comments, “We have expanded rapidly in recent years but our previous finance system was outdated and no longer able to fulfil our needs. In order to meet our aggressive growth plans for the future we required the flexibility to access the very latest technology to focus on what the business excels at - effectively managing other people’s wealth and maintaining profit margins.”

Smart continues, “We were impressed by the sector knowledge and experience of m-hance’s people which ensured that the implementation project progressed smoothly, on time and to budget. m-hance’s solution will provide us with the detailed levels of financial analysis we require and improve the speed and accuracy of our decision making. The system is also sufficiently scalable to support our needs in the future as we continue to grow.”

As a rapidly expanding business, London & Capital was keen to benefit from the most current and innovative technologies without being burdened by the cost and worry of having to maintain them. The company has a clear Cloud and Outsourcing strategy to guide its entire IT operation and therefore decided to invest in a fully hosted and managed finance solution to reduce its operating costs and maintain a competitive advantage.

Glenn Murphy, Head of IT at London & Capital explains, “As part of a drive to improve efficiency we no longer wanted to be restricted by up-front hardware, software licencing and in-house data centre costs. Moving to m-hance’s managed service supports our goal of increasing business flexibility and reduces the internal pain typically involved in the upgrade process as we can now rely on a trusted partner to manage this for us and maintain our business continuity.”

Murphy adds, “We now have the flexibility to access m-hance’s functional and scalable applications at a fraction of the cost compared with implementing them on-premise which will enable us to focus on further improving our service offering. Furthermore, we have peace of mind that our IT environment is being securely managed by experienced experts who will deliver us optimal performance whilst ensuring maximum data protection at all times.”

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Press Contact Info:
Ben Carey
m-hance
Phone: 0161 4062300
Fax: 0161 4062301
Email: ben.carey@m-hance.com
Website: http://www.m-hance.com

About m-hance
m-hance’s core solutions offering consists of financial management, CRM, enterprise social networking, SharePoint, HR & Payroll, managed services and software development in a variety of vertical markets including distribution, manufacturing, not-for-profit, professional services and infrastructure. Press Contact: Ben Carey, PR Manager T: 07713 196971 e: ben.carey@m-hance.com

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